U.S. stocks end at session highs as Boeing, GM climb

CBS.MarketWatch.com

NEW YORK (CBS.MW) -- The Dow ended at session highs Tuesday, buttressed by an analyst upgrade of Boeing, positive comments on McDonald's and a profit reaffirmation from General Motors. The blue chip index has risen 12 out of the past 14 trading days. See full story.

ImClone's Waksal to serve 7-plus years, maximum term

NEW YORK (CBS.MW) -- A federal judge on Tuesday sentenced Sam Waksal, the disgraced former chief executive of ImClone Systems, to 87 months in prison as his family watched from the front row of the courtroom, his father sobbing. See full story.

US industry squeezed by gas prices, Greenspan says

WASHINGTON (CBS.MW) -- Industrial users of natural gas are feeling the pinch of the structural natural gas shortage in North America, Federal Reserve Chairman Alan Greenspan told Congress on Tuesday. See full story.

Financial Stocks: Financials close strongly Tuesday

NEW YORK (CBS.MW) -- Publicly traded online brokers led the financial sector's gainers Tuesday amid continuing signs that small investors aided the recent market rally. See full story.

Retail Stocks: Kmart debut greeted with enthusiasm

SAN FRANCISCO (CBS.MW) - Enthusiasm over the debut of beleaguered discount chain Kmart on the Nasdaq National Market helped cheer up the rest of the retail sector Tuesday, overpowering tepid news from an index report showing weaker chain-store sales. See full story.

Irwin Kellner: Commentary: Fed is boxed in on rate cuts

NEW YORK (CBS.MW) --When it comes to the U.S. economy, there is good news and bad news. The good news is that the outlook for the next 12-18 months has suddenly brightened. The bad news is that at the moment, business remains soft. See full story.

Mutual Understanding: Small-caps hold to form in leading bull-market charge

SAN FRANCISCO (CBS.MW) - The last time small-company stocks broke out of a deep slump, the U.S. economy was regaining its health, a large-scale war against Iraq proved quick and decisive, and George Bush was in the third year of his presidency. That was in 1991. What a difference a decade doesn't make. See full story.

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